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Eye on the Economy: An Interactive Look at Maryland and the Regional Economy in November 2022

Interactive Look at Maryland and the Regional Economy
  • The most recent jobs report showed that in November 2022, Maryland gained a total of 1,400 Total Nonfarm jobs.
  • The official unemployment rate for Maryland decreased to 4.3 percent.

RESI in the News

Looming railroad strike could cripple U.S. economy in two weeks
Newsweek, November 21, 2022

On November 21, a major rail union narrowly rejected the contract negotiated by the White House, drastically increasing the odds of a railroad strike. Railroad workers have asked for more paid leave, a demand which was not satisfied by the rejected contract. RESI Chief Economist Daraius Irani had previously spoken with Newsweek, stating that a strike could lead to an increase in prices, given that so many goods and materials are carried across the United States by train.

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